Following a report earlier this week suggesting Apple had considered purchasing Tesla, Tesla CEO Elon Musk today confirmed in an interview with Bloomberg Television that his company "had conversations" with Apple. Musk went on to say that he could not comment on whether the conversations had revolved around any kind of acquisition, but he did confirm that at the current time, an acquisition of Tesla seems "very unlikely."
If one or more companies had approached us last year about such things there's no way we could really comment on that. We had conversations with Apple, I can't comment on whether those revolved around any kind of acquisition.
News of Apple's meeting with Tesla first came to light over the weekend, when the San Francisco Chronicle reported Musk had met with Adrian Perica, Apple's head of acquisitions, and possibly Apple CEO Tim Cook. While the site speculated the meeting pertained to a possible acquisition, other sources have since suggested Apple may have been meeting with Tesla over iOS device integration in the company's electric cars or about a potential battery deal between the two.
As noted by The Los Angeles Times, Musk last month announced plans for a massive lithium-ion battery plant, which will be constructed in partnership with "some other companies." Tesla is expected to make an announcement about the plant later this month, and it's possible Apple, which uses lithium-ion batteries for many of its portable devices, could be involved in that venture.
When asked whether Tesla was for sale, Musk told the interviewer that an acquisition was unlikely because the company needs to stay "super focused" on its goal of creating an affordable electric car, though he did not rule out the possibility of an acquisition entirely.
If there was a scenario where it seemed like it would be more likely that we would be able to create the mass market sort of affordable, compelling car then possibly it would make sense to entertain those discussions. I don't currently see any scenario that would improve that probability, so that's why I think it's very unlikely.
Apple CEO Tim Cook recently said the company is open to making large acquisitions if it makes sense, but he has also said that Apple will focus on the very few products that "deserve all our energy." Apple currently holds nearly $160 billion in cash while Tesla has a market cap of approximately $24 billion.
I'd personally prefer to see Tesla make it on their own. They've done so much, and they have the potential to be another Apple-like company on their own.
So many innovative companies are being consumed by the current giants. That's not a bad thing, per say, but I'd just like to see some companies stick it out on their own.
Odds are these Apple / Tesla talks are about getting "iOS in the Car" designed into the next model years of Teslas. The Tesla X may be the first to ship with iOS in the Car.
They are local to Apple and don't have the decades of Not Invented Here that way too many automotive manufactures have towards their center electronic stacks.
Here's a wild thought: Elon Musk as the next CEO of Apple.
Elon's ambitions are much bigger than Apple's focus. While he might make a good CEO, I doubt he'd remain happy for long. The world is better off with Elon doing his own thing.
Friday March 24, 2023 12:27 am PDT by Tim Hardwick
This year, all iPhone 15 models will include Apple's Dynamic Island that unifies the pill and hole cutouts at the top of the display, but there will also be a material change to the feature that wasn't included in the iPhone 14 Pro models.
According to a new tweet by Apple industry analyst Ming-Chi Kuo, the proximity sensor on the iPhone 15 series will be integrated inside the Dynamic Island ...
Thursday March 23, 2023 3:41 am PDT by Tim Hardwick
Apple is tracking the attendance of its employees at offices using badge records in order to ensure they are coming in at least three times a week, according to Platformer's Zoë Schiffer.
Since April 2022, Apple employees have been operating on a hybrid home/office work policy as part of a gradual return strategy following the pandemic, with staff required to work from the office at least...
Thursday March 23, 2023 6:42 am PDT by Joe Rossignol
While the iPhone 15 series is still around six months away from launching, there have already been plenty of rumors about the devices. Many new features and changes have been rumored for the iPhone 15 Pro and iPhone 15 Pro Max in particular.
Below, we have recapped 10 changes rumored for iPhone 15 Pro models that are not expected to be available on the standard iPhone 15 and iPhone 15 Plus:A1...
Wednesday March 22, 2023 9:48 am PDT by Juli Clover
Nothing today announced the launch of its second-generation wireless earbuds, the Nothing Ear (2), which offer many of the same features as Apple's AirPods Pro 2 at a lower price point. We went hands-on with the Ear (2) earbuds to see whether they're a viable alternative to the AirPods Pro 2 for those who want to save some cash.
The Ear (2) earbuds are the successor to the Nothing Ear (1),...
Thursday March 23, 2023 12:06 pm PDT by Juli Clover
Apple is no longer allowing customers who purchase an iPhone, cellular iPad, or Apple Watch to activate a device with now-defunct mobile carrier Sprint. Apple has also removed remaining references to Sprint from its online store.
When checking out with a new purchase, Sprint is no longer an option for connectivity, a change that Apple appears to have implemented today. Prior to now, Sprint...
Apple says iOS 16.4 is coming in the spring, which began this week. In his Sunday newsletter, Bloomberg's Mark Gurman said the update should be released "in the next three weeks or so," meaning a public release is likely in late March or early April.
iOS 16.4 remains in beta testing and introduces a handful of new features and changes for the iPhone. Below, we have recapped five new features ...
We saw a lot of great deals on Apple products and related accessories this week, including Samsung's iMac-like Smart Monitor M8 for $250 off, a 30 percent off spring sale at Anker, and the year's best prices on numerous AirPods models. All of these deals are still available to purchase right now, so we're recapping them and more below.
Note: MacRumors is an affiliate partner with some of these ...
We're still almost six months away from the official unveiling of the iPhone 15 lineup, but it seems like every day we're learning more about what to expect from the next-generation models. Notably, this week gave us our clearest look yet at what appear to be some changes for the volume and mute control hardware.
iOS 16.4 and associated releases are also right around the corner with some new ...
Apple on January 23 released iOS 16.3, delivering support for Security Keys for Apple IDs, changes to Emergency SOS functionality, support for the second-generation HomePod, and more.
Following a report earlier this week suggesting Apple had considered purchasing Tesla, Tesla CEO Elon Musk today confirmed in an interview with Bloomberg Television that his company "had conversations" with Apple. Musk went on to say that he could not comment on whether the conversations had revolved around any kind of acquisition, but he did confirm that at the current time, an acquisition of Tesla seems "very unlikely."
Top Rated Comments
No. iBought. iDrive.
So many innovative companies are being consumed by the current giants. That's not a bad thing, per say, but I'd just like to see some companies stick it out on their own.
I'm not sure- But it WOULD prevent Facebook from buying them... :eek: ;)
They are local to Apple and don't have the decades of Not Invented Here that way too many automotive manufactures have towards their center electronic stacks.
Elon's ambitions are much bigger than Apple's focus. While he might make a good CEO, I doubt he'd remain happy for long. The world is better off with Elon doing his own thing.